Salem, MA November 1, 2009 - Salem's home resale inventories decreased, with a 9 percent decreased since October 2009. Distressed properties such as foreclosures and short sales decreased as a percentage of the total market in November. The median listing price in Salem went up from October to November. There were a total of 4 price increases and 60 price decreases.
| | Today | 1 Month Ago | 6 Months Ago | 1 Year Ago | 2 Years Ago |
| Total Inventory | 207 | 225 9% | 234 13% | 237 14% | - |
| Median List Price | $269,000 | $264,900 -2% | $259,900 -3% | $269,900 | - |
% Distressed | 5% | 6% | - | - | - |
Median Days
on Market | 85 | 73 -14% | 59 -31% | 91 7% | - |
| Median House Size | 1395 | 1356 -3% | 1351 -3% | 1400 | - |
Median Price
Per Sq. Ft. | $188 | $193 3% | $196 4% | $199 6% | - |
| | Today | 1 Month Ago | 6 Months Ago | 1 Year Ago | 2 Years Ago |
| Total Inventory | 73 | 73 | 73 | 83 14% | - |
| Median List Price | $329,000 | $329,000 | - | - | - |
% Distressed | 7% | 7% | - | - | - |
Median Days
on Market | 85 | 74 -13% | - | - | - |
| Median House Size | 1858 | 1843 -1% | - | - | - |
Median Price
Per Sq. Ft. | $182 | $183 1% | - | - | - |
| | Today | 1 Month Ago | 6 Months Ago | 1 Year Ago | 2 Years Ago |
| Total Inventory | 134 | 152 13% | 161 20% | 154 15% | - |
| Median List Price | $234,900 | $235,000 | - | - | - |
% Distressed | 4% | 5% | - | - | - |
Median Days
on Market | 89 | 73 -18% | - | - | - |
| Median House Size | 1150 | 1174 2% | - | - | - |
Median Price
Per Sq. Ft. | $199 | $202 2% | - | - | - |
| | 11/09 | 10/09 | 9/09 | 8/09 | 7/09 | 6/09 | 5/09 | 4/09 | 3/09 | 2/09 | 1/09 | 12/08 |
| Price Reductions | - | 60 | - | 43 | 72 | 74 | 68 | 49 | 43 | 42 | 45 | 22 |
Number of
New Listings | - | 59 | 63 | 65 | 62 | 59 | 22 | 19 | 12 | 3 | 6 | 4 |
Listings
Sold/Expired | - | 70 | - | 70 | 72 | 65 | 85 | 58 | 39 | 35 | 30 | 36 |
| | 11/09 | 10/09 | 9/09 | 8/09 | 7/09 | 6/09 | 5/09 | 4/09 | 3/09 | 2/09 | 1/09 | 12/08 |
| Price Reductions | - | 18 | - | 18 | 20 | 25 | 21 | 24 | 10 | 12 | 13 | 7 |
Number of
New Listings | - | 16 | 25 | 23 | 26 | 27 | 5 | 6 | 6 | 1 | 1 | - |
Listings
Sold/Expired | - | 23 | - | 24 | 32 | 30 | 27 | 16 | 14 | 14 | 12 | 13 |
| | 11/09 | 10/09 | 9/09 | 8/09 | 7/09 | 6/09 | 5/09 | 4/09 | 3/09 | 2/09 | 1/09 | 12/08 |
| Price Reductions | - | 42 | - | 25 | 52 | 49 | 47 | 25 | 33 | 30 | 32 | 15 |
Number of
New Listings | - | 43 | 38 | 42 | 36 | 32 | 17 | 13 | 6 | 2 | 5 | 4 |
Listings
Sold/Expired | - | 47 | - | 46 | 40 | 35 | 58 | 42 | 25 | 21 | 18 | 23 |
* Historical data may be incomplete in some areas.
Salem, MA Market Data Graphs
Median List Price
Inventory
Price Changes
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Salem, Massachusetts real estate market statistics are calculated by Movoto every day from various sources. Learn about the housing trends and current inventory in Salem, MA. We have statistics on house characteristics such as the median, minimum, and maximum numbers of bedrooms, bathrooms, and garage parking spaces in Salem, MA. Additionally, various price per square foot values are calculated to help you get a feel for how much house you get for the money in Salem. Although we tried to make sure the statistics are accurate, it is sometimes hard to have them absolutely correct, so please consult your real estate agent or a Movoto-Certified Agent to confirm the statistics. You can also read about
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